Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Click here to access the 2019 tax rate schedule. If required, round the tax liability the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage (i.e. .67073 would be rounded to .6707 and entered as 67.07%). a. Chandler is single and reports taxable income of $132,200. Tax liability: Marginal rate: Average rate: b. Lazare, a head of household, records taxable income of $72,200. Tax liability: Marginal rate: Average rate: of the amount over- $ 0 13,850 Single-Schedule X If taxable of the income is: But not amount Over- over- The tax is: over- $ 0 $ 9,700 .........10% $ 0 9,700 39,475 $ 970.00 + 12% 9,700 39,475 84,200 4,543.00 + 22% 39,475 84,200 160,725 14,382.50 +24% 84,200 160,725 204,100 32,748.50 + 32% 160,725 204,100 510,300 46,628.50 + 35% 204,100 510,300 153,798.50 + 37% 510,300 Married filing jointly or Qualifying widow(er)- Schedule Y-1. If taxable income is: But not amount Over- over- The tax is: over- $ 0 $ 19,400 ......... 10% $ 0 19,400 78,950 $ 1,940.00 + 12% 19,400 78,950 168,400 9,086.00 + 22% 78,950 168,400 321,450 28,765.00 + 24% 168,400 321,450 408,200 65,497.00 + 32% 321,450 408,200 612,350 93,257.00 + 35% 408,200 612,350 ......... 164,709.50 + 37% 612,350 Head of household Schedule Z If taxable income is: But not Over- over- The tax is: $ 0 $ 13,850 ......... 10% 52,850 $ 1,385.00 + 12% 52,850 84,200 6,065.00 + 22% 84,200 160,700 12,962.00 + 24% 160,700 204,100 31,322.00 + 32% 204,100 510,300 45,210.00 + 35% 510,300 152,380.00 + 37% Married filing separatelySchedule Y-2 13,850 52,850 84,200 160,700 204,100 510,300 of the of the amount over- The tax is: ......... 10% 0 If taxable income is: Over- $ 0 9,700 39,475 84,200 160,725 204,100 306,175 But not over- $ 9,700 39,475 84,200 160,725 204,100 306,175 $ 970.00 + 12% 4,543.00 + 22% 14,382.50 +24% 32,748.50 + 32% 46,628.50 + 35% 82,354.75 + 37% 9,700 39,475 84,200 160,725 204,100 306,175